Dear all
our comapny pay Performance bonus to each employee on monthly basis this peformance bonus add in his monthly gross salary can company add this Performance Incentive in Salary for calculation of Income tax on salary
plz reply urgent
1 Replies
CA Parag Jani
(BCom CA DISA Forensic Auditor)
(288 Points)
Replied 22 March 2013
Yes! It will be added to the total income under the head of salary & tds will be deducted at applicable slab rate!
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